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Corporate Governance Code for Investment Companies published by the AIC

The Association of Investment Companies (AIC) has published a new version of its Code of Corporate Governance for Investment Companies and a fourth version of its corporate governance guide for investment companies. It provides boards of investment companies with a framework of best practice in respect of the governance of investment companies and includes confirmation from the financial reporting council that investment companies that follow the AIC corporate governance guide should fully meet their obligations in relation to the combined code.